You find a certain stock that had returns of 17, 19, 9, and 34 percent for four

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You find a certain stock that had returns of 17, −19, 9, and 34 percent for four of the last five years. If the average return of the stock over this period was 10.1 percent, what was the stock’s return for the missing year? What is the standard deviation of the stock’s returns?

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Corporate Finance

ISBN: 978-1259918940

12th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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